Where have all the upgoats gone? - The state of the BooststeemCreated with Sketch.

Hi everyone! We wanted to take a moment to address the concerns many of you have been expressing both on Steemit and in our Discord Server.

At the current moment, Minnowbooster is unable to supply upvotes requested between 0.03 SBD and 11SBD. We understand, this essencially eliminates most of you from being able to call on Minnowbooster to upvote your posts. We'd like to apologize, and give a little insight into what is happening to cause this gap.

As you may know, Minnowbooster is the only system that currently guarantees a profitable return on your boost. However, there is a lot of back end math that has to go into making that work.

At present, Minnowbooster holdings and delegated SP combine to make almost 3 million SP that we can utilize to vote. If you go to steemnow.com and start playing with the slider, you will quickly see how that Steem Power can become untenable with calls for lower Boost requests. We simply cannot slide low enough with the main account to provide the appropriate boosts for the incoming requests.

In order to continue to provide the service we aim to offer, we have begun the process of vote buying. As explained in Minnowbooster needs your vote, we are utilizing member votes to fulfill requested boosts, and paying those members for the use of that vote.

Unfortunately, all of the members who have signed up for the service, who have the voting power to fill in the gap, have gone below the Voting Power they have set on their sliders as allowing us to buy their vote. Our Vote supply is exhausted.

Supply is not able to keep up with demand.

So our voters need to rest until they can support new votes, or new voters need to sign up for the service and come on board. We need voters of all sizes to help us fill the gap. Please read How Much can I make selling my vote to Minnowbooster for a overview of the profitability of participating in the Sell your Vote market.

Our team is working tirelessly to find a solution to create more opportunity for Boosts across all SBD ranges. In the meantime, we ask for your patience, and if you or someone you know might have the ability to participate with the Sell your vote program, every sign up for this program helps us continue to support the community, while also providing you a Steem payout!

Thank you for your continued support as we work on providing the most benefitial tool set on Steem. Despite our growing pains, we continue to move forward to provide the services you need to succeed on Steem!

What can MINNOWBOOSTER do for you?!

What?

Currency

Advantages

Buy upvote

SBD

Earn an instant return

Lease SP from market

STEEM

Increase your vote strength and curation rewards

Delegate SP to market

STEEM POWER

Earn daily STEEM dividends

Invest STEEM in MinnowBooster

STEEM

Earn daily SBD dividends

Delegate SP to MinnowBooster

STEEM POWER

Earn daily SBD dividends

Sell your vote to MinnowBooster

VOTING POWER

Earn SBD share of sells

CURRENT PARAMETERS:

Parameter

Value

Remarks

Minimum Upvote

0.01 SBD

Minimum SBD you can send

Upvote comments?

Can Be Enabled

Profit at 100% VP

2.5 times

Check VP at steemnow.com

Daily Limit

15.0 SBD

Maximum you can send in 24h

Weekly Limit

50.0 SBD

7 day maximum

Minimum SP Lease

1 STEEM

1-3 Week Lease

1 STEEM/75 SP

Price per week/Lease size

4-24 week Lease

1 STEEM/150 SP

Price per week/Lease size

Provide us with feedback

We are happy to hear your feedback about where we can improve.

Join our Discord chat

Get support and connect with us and other Minnowbooster fans!

We are always looking to improve @minnowbooster and try to keep you up-to-date whenever something changes. If you have any suggestions about what we should change or add to @minnowbooster, then please write us a comment :)

In order to continue to provide the service we aim to offer, we have begun the process of vote buying. As explained in Minnowbooster needs your vote, we are utilizing member votes to fulfill requested boosts, and paying those members for the use of that vote.

Is this going to be opt-in or opt-out for your “members?”

Also - why do you continue using “member” votes on your posts here when you have paid subscriptions and other revenue models via your various vote and delegation selling? I think it’s time that you reconsider socializing your costs and simply further lining your pockets with the limited rewards pool. With the high fees that you charge for your voting/delegation “services,” and apparently with such high demand, you don’t need to continue this practice.

The terminology hasn’t changed since January/February when myself and others brought this up to Ricardo. It’s more of the same BS. You guys have actual revenue models - and the cuts that you take are not small. I think it might be time to stop socializing your costs via the reward pool on essentially repetitive content.

Since business is booming, why continue this...unless it’s just because you can? You claim to “boost minnows” while simultaneously taking from the limited pool as much as you can on a daily basis. Add the costs of vote-purchasing and delegation renting, plus the stake-vote dilution with the many voting and delegation schemes, and it’s kind of hard to see any “boosts” for minnows as a whole at all.

This is mixing multiple concepts. There is the SV vote on announcements and there is minnowbooster.

The SV vote is something we can probably fade out. The visibility it gives is no longer needed all that much.

The minnowbooster model is something that sprung a lot of discussion the last week and I'd love to read a post about it, if you have the time to write down your opinions. The steem community needs to look for a consensus there.

I’m not talking about the “new model.” The only reference I made to that was regarding the opt-in.

I’m talking about using the votes of your Steemvoter sign-ups to upvote your SV, MB, and BuildTeam posts. Stop attempting to make it seem as if I’m the one conflating things here. I know the difference between the services and the voting schemes. And this isn’t our first interaction about this very topic.

I'll probably get slamafied, but thank you for those comments. Personally I have muted most of the minnowboost (boasting) bots. But this is steemit, and there really are not many rules. People can sit around and watch the rewards pool be raped, or they can try to do something about it. I view your conversation as trying to do something about it. So thank you. I would give an upvote, but I am trying to conserve rebuild to upvote the content I truly enjoy. My apologies.

yes, I got it. didn't think that way before. Open orders would do too. I don't know if being a bot is a good thing for me, as sometimes there are many errors to fix, and you get negative comments why something was not paid in time.... I think I'm not really ready for this

Thanks your your concern ! i know about the graph and now there is no gap in the graph. like yesterday you can get upvote of less then $0.07 and greater then $12. it was so irritating . but thanks for there update.

I wish I can help. I too was unable to use minnowbooster. I want the supply vote to be around $3-$7 but this is not possible now. The plea for the vote lease also does not attract enough. This is due to the large minnows here.

We tweaked some settings and we have a full vote range, but will be depleted very soon... we had an internal chuckle that it's like Black Friday with the crazy demand we are getting, not a bad problem to have I guess.

Yes we want to do that, we just need to code it so those accounts will give a return to the investor. The temporary stopgap is than an investor can create an account himself, delegate however much he wants to it and then register it on our bot market. I have done that with @kamikaze and @steemdrive, those are my personal bots.

Thank you for pointing that out @cleverbot I was reading through the post and I was thinking to myself didn't the post say basically for minnows it is over for now? They are focusing in on their "whitelist" and all we can do is sell our upvotes and use other services atm. Isn't it the gist of this post? Correct me if I am wrong. I have been using minnowbooster service to help build SP and I also allow them to use my vote so I hope everything gets cleared up.

Actually this comment was addressed to the issue they had when the post was just made, not being able to use any upvotes at all from minnowbooster itself (except for a few smaller vote values from the selling services). As I understand, the gist of this post is ment towards people selling their votes for people that dont have the money to buy higher votes, cause minnowbooster itself can't provide it due too such high SP.

If I had a much higher vote power, I would allow mine to be used. I hope you can get all the help you need to once again be the dominant up vote that I use to help boost my SP. Thank you for letting us know, and for your services!

Feels more like whalebooster at the moment... "Minnowbooster is unable to supply upvotes requested between 0.03 SBD and 11SBD." What kind of minnow has 11 SBD laying around.

Take a note of @randowhale on this one and contain your voting power in 2-3 separate accounts or something. Or take a note of @pharesim that uses his vote at 0.02%. Way more stuff that can be done and is already done by others.

I'm (or was..) a user of Minnowbooster service, but recent events got me thinking if we really need of upvote bots like @minnowbooster or other upvote bots.

The unconsidered use of them, create a gap between new users and rich one.. "minnowbooster withelist" is the proof. Trending posts and hot posts are fullfilled by user that can access to this service... something goes wrong. Money win over quality...

I really appreciate the efforts of the minnowbooster team. You are really trying all your best to keep the community going.

What about if the team find means of delegate SP to another account to be able to handle the small and medium size votes in order to maintain the VP and to reduce the burden of the team.
Thanks for your up and doing.

I would like to help here, but unless a miracle happens with my SP, I will not be able to do anything I think one month from now on at least, as one needs to have at least 200 SP to participate. Maybe if you would lower that stage, users with lower SP will be able to help. Wish you the best!

Oh common.....@minnowbooster .......I am great fan of you in terms of bot service ...but some how i think u r losing ur grip and also sliding from peak...the following are the reasons :-

(1) At one point of time u had round off issue for that the right calculations did not work and for that u brought up "sell your vote" feature. It did work for some time and also along with that MB was voting even with 1% or 2% to accommodate the medium range vote also.

(2) Not to forget the bid is not limited to round off integer or numerical its in the range of 0.01 to 5 so it can be of any decimal place, so now u cant say that u have the issue of giving the exact upvote....rather simple be transparent and say that u r not going to upvote for common man rather u will do the service for ur whitelist only and u will only serve the common man thru ur "sell ur vote" feature. Sir the people around do understand very well about the every intention behind the screen Dont take this as a blame. Even while writing these, i have great respect for you people. U r still the best in terms of bot service, but somehow u r losing the grip. And just take this as a healthy criticism, not to mention healthy criticism makes some one better.

(3) Now coming to your "whitelist". Thats a great service for the genuine writer to kepp the ROI bidder on check. But while u say that minnowbooster (the main bot) is for all...then u r hiding the truth....i have been closely watching the voting regim of MB itself, its is purely fro whitelist people, and in order to doze the common man u r focusing on "sell ur voter" but trust me this trick will not work.

(4) We should talk about quality content but while u manage those quality bidder u must also manage the average bidder who does not intend to make an ROI. They are also asset to u and have been using ur service since long. But somehow u people are making ur reach with a limited number people, but u r forgetting that democracy does prevail in steemit also. It may not reflect instantly but at some point of time u would realize its effect.

(5) I request you not to take personally...there is no such issue...i just highlighted the broader issue. And i myself will be off from steemit for next 3 months. So I have nothing to do with the ongoing issue. I just narrated what i observed from last couple of days and most probably its the noise of a common steemian and u must address it in a proper way.

​Am I missing something? So everything was fine, I was using your service with pleasure and happy when you were raising daily and weekly limit. My articles could get into hot in some tags and bigger audience could see my posts. Then you started to change algorithms, limits etc . Not so much profitable but I was happy agai ​ because you were the only service who could provide such a big vote.
Then, shortly you are introducing delayed voting after 15 min and explain that it is made for a sake of content quality.
Again, ok maybe it is a good idea (even though I did not like it ​) ​,and now not only minnowbooster is voting but also other curators. If we follow that logic, it opened more opportunities for authors, to rely not only on minnowbooster and his power.
However, now the magic happens which I really don't get. You are changing 3x maximum vote to x2.5 and introduce whitelist​ for super quality authors. It kind of pissed me off, why decrease maximum vote, if you never have 100 % (always at a 60-65 % level)?
Now I read another article by minnowbooster about the ​importance of quality content, that it should help to fight spammers etc.
So my thoughts are - maybe I am missing something and minnowbooster really have a plan? I am waiting patiently and what I see.
You are changing possible vote in such a manner that I should order either under 0.10 cents (or smth like that) or more than​ usd 10.5 (which is impossible because the ​maximum daily vote is 10). So you are gathering energy, you are almost 100 %, I am patiently​ waiting for the ​opportunity​ to use your service and bam you open it.
But there is a BIG BUT , you spent more than​ 20 % in couple hours on your whitelist members. I still cannot vote for usd 1,2 ,3,4 and like that until 10. I have the option​ to vote either before usd 0.5 or after usd 15.5.
So what was the point of this whole restructure? It is impossible to apply for whitelist, cause you accepted only like 200 accounts, you spent all your energy on them and you don't open possibility for casual minnows to get a small vote of usd 2-3.

I got very dissapointed in your service. I have a feeling that you guys only think about yourself and not trying to improve steemit society.
This is my personal opinion, but I am sure there are tons of people who feel the same - betrayed.

P.S. When you had nearly 100 % I have not seen a single 2x vote, I am not even talking about promised​ 2.5
Now you lost all your power again :)

Hi @minnowbooster or anyone who can help me.
I transferred 15 steem to minnowbooster 2 hours ago. How long does it usually take until the vote is on my post?
Till now I just received 0,01 SD and I don't understand what this is for?
Or did I something wrong maybe?

thanks for the update @minnowbooster
good job @reggaemuffin@thecryptodrive
you guys are doing great and i understand many may not like what you doing or stand for but the fact is its benefiting us minnows as such keep it up... thanks for sharing this update

I'm sure you have been getting reports about this, but just in case you haven't:

I think something may be wrong with minnowbooster. I used minnowbooster earlier today and paid 1SBD and 0.20SBD and got upvotes worth $1.05 and $0.21, which after curation gets taken out amounts to a net loss on my investment.

It used to be different up until recently, and I'm not sure what changed but thought I would let you know!

The graph shows that all send amounts are workin g in the blue , but I have now had to resend 5 times and it keeps telling me I sent the wrong amount and to look at the graph , LOL! I have the graph but it must be broken because its not sending properly ! Thanks !💕